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Business Insight | How Flipkart drove Walmart's impressive Q3 earnings

While announcing its September quarter earnings on November 17, Walmart said Flipkart and PhonePe were driving the top-line growth for Walmart International. The world's largest retailer further said that Flipkart’s strong performance helped expand Walmart’s gross profit rate and boost the net sales of its international business.

first published: Nov 18, 2020 06:44 pm